Bit Digital Past Earnings Performance
Past criteria checks 0/6
Bit Digital's earnings have been declining at an average annual rate of -25.2%, while the Software industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 27.3% per year.
Key information
-25.2%
Earnings growth rate
-24.9%
EPS growth rate
| Software Industry Growth | 12.9% |
| Revenue growth rate | 27.3% |
| Return on equity | -0.9% |
| Net Margin | -2.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Bit Digital makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 98 | -3 | 37 | 0 |
| 30 Jun 24 | 87 | 29 | 29 | 0 |
| 31 Mar 24 | 67 | 38 | 28 | 0 |
| 31 Dec 23 | 45 | -14 | 28 | 0 |
| 30 Sep 23 | 37 | -81 | 23 | 0 |
| 30 Jun 23 | 34 | -88 | 23 | 0 |
| 31 Mar 23 | 32 | -103 | 22 | 0 |
| 31 Dec 22 | 32 | -105 | 21 | 0 |
| 30 Sep 22 | 38 | -52 | 28 | 0 |
| 30 Jun 22 | 39 | -58 | 41 | 0 |
| 31 Mar 22 | 61 | -41 | 41 | 0 |
| 31 Dec 21 | 96 | -1 | 39 | 0 |
| 30 Sep 21 | 95 | 17 | 27 | 0 |
| 30 Jun 21 | 93 | 37 | 9 | 0 |
| 31 Mar 21 | 65 | 38 | 5 | 0 |
| 31 Dec 20 | 21 | 2 | 3 | 0 |
| 30 Sep 20 | 9 | -1 | 1 | 0 |
| 30 Jun 20 | -4 | 4 | -7 | 0 |
| 31 Mar 20 | -2 | 1 | -3 | 0 |
| 31 Dec 19 | 0 | -2 | 2 | 0 |
| 30 Sep 19 | 2 | -3 | 5 | 0 |
| 30 Jun 19 | 7 | -9 | 16 | 0 |
| 31 Mar 19 | 8 | -6 | 14 | 0 |
| 31 Dec 18 | 0 | -2 | 2 | 0 |
| 30 Sep 18 | 8 | -2 | 11 | 0 |
| 30 Jun 18 | 9 | -1 | 10 | 1 |
| 31 Mar 18 | 8 | -1 | 9 | 1 |
| 31 Dec 17 | 0 | 0 | 0 | 0 |
| 30 Sep 17 | 6 | 0 | 6 | 0 |
| 30 Jun 17 | 5 | 0 | 5 | 0 |
| 31 Mar 17 | 5 | 0 | 4 | 0 |
| 31 Dec 16 | 4 | 0 | 3 | 0 |
Quality Earnings: BTBT N is currently unprofitable.
Growing Profit Margin: BTBT N is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BTBT N is unprofitable, and losses have increased over the past 5 years at a rate of 25.2% per year.
Accelerating Growth: Unable to compare BTBT N's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BTBT N is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.6%).
Return on Equity
High ROE: BTBT N has a negative Return on Equity (-0.85%), as it is currently unprofitable.